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QUESTION IMAGE

the availability of cash-like assets is described by which of the follo…

Question

the availability of cash-like assets is described by which of the following terms?
liquidity
equity
liability

Explanation:

Brief Explanations

In Business (specifically in Finance/Accounting subfields), liquidity refers to the availability of cash or assets that can be quickly converted to cash. Equity is the ownership interest in a business, and liability is an obligation or debt. So the term describing the availability of cash - like assets is liquidity.

Answer:

A. liquidity